Log in



Lost your password?
EnerKnol
  • Home
  • About
  • EK Research
  • News
  • Platform
  • Coverage
  • Case Studies
  • EnerKnol Calendar
  • Press
Log on To EnerKnol Platform Book Demo
  • Home
  • About
  • EK Research
  • News
  • Platform
  • Coverage
  • Case Studies
  • EnerKnol Calendar
  • Press
Login Book Demo
PSEG Plans to Invest $17 Billion in New Jersey to Modernize Energy System, Boost Renewables

The Public Service Enterprise Group Inc. announced plans on May 31 to invest as much as $17 billion through 2022 in energy grid modernization and clean energy programs in New Jersey. The company plans to spend $2.5 billion to extend its Energy Strong program aimed at improving reliability and resiliency by bolstering electric and gas facilities against storms and expanding grid technology. The plan includes $2.5 billion for energy efficiency, $300 million for smart electric vehicle infrastructure, and $100 million for utility-scale energy storage to expand renewables and enhance resiliency. The company said it has retired about 4,000 megawatts of less-efficient fossil fuel power plants over the last five years and will continue to transition to cleaner generation fleet. The investments are expected to allow for annual growth of 8 to 10 percent in the company’s rate base.

May 31, 2018
Share
TweetShare on Twitter Share on FacebookShare on Facebook Share on LinkedInShare on LinkedIn

Post navigation

PreviousPrevious post:Michigan Senate Urges State to Explore Adding Energy Storage to the GridNextNext post:Colorado Enacts Legislation to Pave Way for Utilities to Invest in Energy Storage

Related Research

51
U.S. Energy Department Launches $5 Billion Effort to Expand Existing Transmission Capacity
September 25, 2026
Week Ahead: Western Grid Coordination, Regional Nuclear Policy Summit, Pennsylvania Considers Data Center Impacts
September 25, 2026
41
California Moves Toward Linking Carbon Market With Washington
September 24, 2026
2 1
New York Rolls Out $1 Billion Clean Energy Investment, New Grid Strategy
September 23, 2026
i
Texas Halts Data Center Permits Until Grid and Water Audits Are Completed
September 22, 2026
High tech server room interior
California Enacts Data Center Laws Tightening Oversight of Water, Electricity and Land Use
September 22, 2026
EV charging connector with raind… 202608191417
California Accelerates EV Charger Rollout with Six New Laws
September 21, 2026
EnerKnol Research PU Policy Primer Carbon Markets 2026 09 22 Blog preview
Carbon Pricing September 2026 Update
September 21, 2026
  • Renewables
    • Biofuels
    • Electric Vehicles
    • Hydropower
    • Nuclear Power
    • Solar Power
    • Wind Power
  • Environmental Markets
    • Carbon Markets
    • Emissions
  • Fossil Fuels
    • Coal Power
    • Natural Gas
    • Oil
  • Power & Utilities
    • Energy Efficiency
    • Energy Storage
    • Retail Power & Gas
    • Smart Grid
    • Wholesale Markets

Subscribe To Our Research Newsletter!


First Name *
Last Name *
Email Address *
Phone *
Company *
Job Title *
Select any sectors you're interested in

Submit Form
https://enerknol.com/?p=27505
EnerKnol

The most comprehensive platform for energy and environmental regulatory intelligence, powered by cutting-edge AI and machine learning technology.

sales@enerknol.com
212-537-4797
175 Greenwich St, FL-38, New York, NY 10007

Product

  • Platform Overview
  • EKAI Assistant
  • Coverage Areas

Resources

  • Case Studies
  • API Documentation

Company

  • About Us
  • Careers
  • New York Energy Week

Legal

  • Terms of Service
© 2026 EnerKnol. All rights reserved.
Book a Demo